On 27th February 2017, Lord Chancellor Elizabeth Truss announced a new discount rate of – 0.75 per cent for personal injury awards. This new rate comes into effect 20th March 2017 and was met with enthusiasm by personal injury victims and advocates, but with sharp criticism by insurers.
Aviation insurance is a policy that offers property and liability coverage for aircraft. It covers losses resulting from aviation risks that come about due to the maintenance and use of aircraft, property damage, loss of cargo, or injury to people.
The Enterprise Act, a wide-ranging piece of legislation designed to benefit the United Kingdom’s 5.4 million businesses, received Royal Assent (became law) on 4th May 2016 and will come into effect in May 2017.
The Insurance Act, a piece of legislation designed to modernise and support the growth of Britain’s insurance industry, received Royal Assent on 12th February 2015, thus making it an Act of Parliament (law).
Although we at Bromwall do not specialise in single vehicles, we are great at motor fleet. Unfortunately, accidents happen, so how do you check if the person you have had an accident with is insured? The following information explains the services now available.
Are you aware of the new legislation which is currently being passed in law relating to insurance? The following outlines what it is all about and how if could impact you (reference Zywave).
The Insurance Bill, a piece of legislation designed to modernise and support the growth of Britain’s insurance industry,
Beginning 1 December 2014, certain provisions of the Immigration Act 2014 (Act) will come into effect. These provisions will require private landlords to determine whether new tenants have the right to rent before letting a property to them.
The Act’s requirements will apply to:
Owning precious valuables can sometimes be worrisome. On the one hand, possessing unique and expensive objects such as art, jewellery or an expensive home can be a source of pride and imbue you with a sense of distinction. On the other hand, these objects can create additional burdens, constantly requiring security and special consideration.
No company, big or small, is immune to a data breach. Many small employers falsely believe they can elude the attention of a hacker, yet studies have shown the opposite is true. According to Verizon Communication’s 2012 Data Breach Investigations Report, 72 per cent of the 855 data breaches analysed were at companies with 100 or fewer employees.
During times of recession and economic downturn, organisations’ employers’ liability insurance is more susceptible to fraudulent claims. Fraudulent employers’ liability claims are often difficult to defend due to the fact that a defence may be prejudiced by the failure of the defendant company to properly provide a safe place or system of work or establish proper reporting and risk management procedures.